Accounts Submission

CHLOE LAMB FINE ART LIMITED - Company Information

Company Accounts and Tax Online 08007650 Board of Directors 1.4.16 31.3.17 31.3.17 false iso4217:GBP xbrli:pure 08007650 2015-04-01 2016-03-31 08007650 2017-03-31 08007650 2016-04-01 2017-03-31 08007650 2016-03-31 08007650 countries:EnglandWales 2016-04-01 2017-03-31 08007650 curr:PoundSterling 2016-04-01 2017-03-31 08007650 uk-bus:PrivateLimitedCompanyLtd 2016-04-01 2017-03-31 08007650 uk-bus:FRS102 2016-04-01 2017-03-31 08007650 uk-bus:AuditExempt-NoAccountantsReport 2016-04-01 2017-03-31 08007650 uk-bus:FullAccounts 2016-04-01 2017-03-31 08007650 uk-bus:RegisteredOffice 2016-04-01 2017-03-31 08007650 uk-bus:Director1 2016-04-01 2017-03-31 08007650 uk-bus:Director1 2016-04-01 08007650 uk-bus:Director1 2017-03-31 08007650 core:AfterOneYear 2017-03-31 08007650 core:AfterOneYear 2016-03-31 08007650 core:WithinOneYear 2017-03-31 08007650 core:WithinOneYear 2016-03-31 08007650 core:WithinOneYear 2016-04-01 2017-03-31 08007650 core:AfterOneYear 2017-03-31 08007650 core:AfterOneYear 2016-03-31 08007650 core:AfterOneYear 2016-04-01 2017-03-31 08007650 core:ShareCapital 2017-03-31 08007650 core:ShareCapital 2016-03-31 08007650 core:RevaluationReserve 2017-03-31 08007650 core:RevaluationReserve 2016-03-31 08007650 core:RetainedEarningsAccumulatedLosses 2017-03-31 08007650 core:RetainedEarningsAccumulatedLosses 2016-03-31 08007650 1 2016-04-01 2017-03-31 08007650 core:LandBuildings 2016-04-01 2017-03-31 08007650 core:LandBuildings 2017-03-31 08007650 core:LandBuildings 2015-04-01 2016-03-31 08007650 core:LandBuildings 2016-03-31 08007650 core:PlantMachinery 2016-04-01 2017-03-31 08007650 core:PlantMachinery 2017-03-31 08007650 core:PlantMachinery 2015-04-01 2016-03-31 08007650 core:PlantMachinery 2016-03-31 08007650 core:FurnitureFittingsToolsEquipment 2016-04-01 2017-03-31 08007650 core:FurnitureFittingsToolsEquipment 2017-03-31 08007650 core:FurnitureFittingsToolsEquipment 2015-04-01 2016-03-31 08007650 core:FurnitureFittingsToolsEquipment 2016-03-31 08007650 core:OfficeEquipment 2016-04-01 2017-03-31 08007650 core:OfficeEquipment 2017-03-31 08007650 core:OfficeEquipment 2015-04-01 2016-03-31 08007650 core:OfficeEquipment 2016-03-31 08007650 core:Vehicles 2016-04-01 2017-03-31 08007650 core:Vehicles 2017-03-31 08007650 core:Vehicles 2015-04-01 2016-03-31 08007650 core:Vehicles 2016-03-31 08007650 core:NetGoodwill 2016-04-01 2017-03-31 08007650 core:NetGoodwill 2017-03-31 08007650 core:NetGoodwill 2015-04-01 2016-03-31 08007650 core:NetGoodwill 2016-03-31 08007650 core:IntangibleAssetsOtherThanGoodwill 2016-04-01 2017-03-31 08007650 core:IntangibleAssetsOtherThanGoodwill 2017-03-31 08007650 core:IntangibleAssetsOtherThanGoodwill 2015-04-01 2016-03-31 08007650 core:IntangibleAssetsOtherThanGoodwill 2016-03-31

Company Registration Number:
08007650 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2017

Period of accounts

Start date: 01 April 2016

End date: 31 March 2017

Contents of the Financial Statements

for the Period Ended 31 March 2017


Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 10

Directors' Report Period Ended 31 March 2017

The directors present their report with the financial statements of the company for the period ended 31 March 2017

Principal Activities

Selling paintings

Directors

The directors shown below have held office during the whole of the period from 01 April 2016 to 31 March 2017
Chloe Lamb

This report was approved by the board of directors on 5 September 2017
And Signed On Behalf Of The Board By:

Name: Chloe Lamb
Status: Director

Profit and Loss Account

for the Period Ended 31 March 2017

	2017 £	2016 £
Turnover	144,329	173,625
Cost of sales	(30,764)	(27,564)
Gross Profit or (Loss)	113,565	146,061
Administrative Expenses	(75,277)	(184,851)
Operating Profit or (Loss)	38,288	(38,790)
Profit or (Loss) Before Tax	38,288	(38,790)
Tax on Profit	(0)	(6)
Profit or (Loss) for Period	38,288	(38,796)

The notes form part of these financial statements

Balance sheet

As at 31 March 2017

	Notes	2017 £	2016 £
Fixed assets
Tangible assets:	3	1,860	1,980
Total fixed assets:		1,860	1,980
Current assets
Cash at bank and in hand:		245,076	172,820
Total current assets:		245,076	172,820
Creditors: amounts falling due within one year:	4	( 36,481 )	( 2,633 )
Net current assets (liabilities):		208,595	170,187
Total assets less current liabilities:		210,455	172,167
Total net assets (liabilities):		210,455	172,167

The notes form part of these financial statements

Balance sheet continued

As at 31 March 2017

	2017 £	2016 £
Capital and reserves
Called up share capital:	1	1
Profit and loss account:	210,454	172,166
Shareholders funds:	210,455	172,167

For the year ending 31 March 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 5 September 2017
And Signed On Behalf Of The Board By:

Name: Chloe Lamb
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 March 2017

1. Accounting policies

Basis of measurement and preparation

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Notes to the Financial Statements

for the Period Ended 31 March 2017

2. Dividends

	2017 £	2016 £
Dividends paid	0	21,200

Notes to the Financial Statements

for the Period Ended 31 March 2017

3. Tangible assets

	Office equipment	Total
Cost	£	£
At 01 April 2016	4,908	4,908
Additions	500	500
Disposals	-	-
Revaluations	-	-
Transfers	-	-
At 31 March 2017	5,408	5,408
Depreciation
At 01 April 2016	2,928	2,928
Charge for year	620	620
On disposals	-	-
Other adjustments	-	-
At 31 March 2017	3,548	3,548
Net book value
At 31 March 2017	1,860	1,860
At 31 March 2016	1,980	1,980

Notes to the Financial Statements

for the Period Ended 31 March 2017

4.Creditors: amounts falling due within one year note

	2017 £	2016 £
Trade creditors	2,831	2,578
Other creditors	33,650	55
Total	36,481	2,633

Director:		Chloe Lamb


Registered office:		73 Downhall Ley Buntingford Herts SG9 9JT


Company Registration Number:		08007650 (England and Wales)

Accounts Submission